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I dont go by the charts, I go by volume and math. Since there was 300 million shares given in exchange for debt, something is happening.
If you read the last chart, the bottom will be .0071
How about now, do we hve value yet?
well thats dumb, shoulda sold if ya coulda, but what woulda you done with all the money?
You never go broke making a profit.
next tome, if you can buy at .003 + and you can sell it at .04+, take the profits and buy shares @ .012 or again at .003+.
You can make some real cash and the US needs the revenue.
never said the million share blocks had aneffect on share price. It is behind the scenes.
There is approx 200 million shares left on the overbought side that need to be cleared. If the CC PR was a big deal, the PPS would be higher. The 200 million on the overbought side would not be selling IF it was clear to be up soon.
The overbought team is liquidating knowing the support is fragile and .0035 is not unrealistic.
The million dollar blocks are options being exercised.
It means at the time of the deal, the stock had a market price of $10 million. So lets say the deal was done when the stock price was .05 and they were restricted shares as he says and cannot be sold for 90 days, that brings us to what they would be worth when you sell them .01. which equals $2 million. this is about 200 million shares.
Then I am sure when the contract was made, the $10 million "market price" was guarannteed to be able to sell at that price, so if the price is .01, then in the contract ICPA would issue more shares to make up the monetary difference.
Any way you look at it, thats a BILLION SHARES for this deal alone !
I will bet the A/S share count has increased significantly to possibly 5 billion shares by now.
Very well put !!
I finally get it !!
It would have been much appreciated by a lot of "investors" to have said this earlier.
Trading stock for assets is one thing, Dilution is issuing more stock to be able to trade for assets. If this is the case to bring more value per share EVENTUALLY, it is good business. The American Way, like printing more money. Everybody participates for the good of the Country or Business.
Thank you Steve, for finally admitting DILLUTION. Go ICPA
I will buy in SUB Penny @ .0035
If ICPA cannot pay for advertising
They could always issue some more shares.
No buyers at this price. Where is the support at ?
why nobody buying?
Shorts all covered or no one to short to?
You may be forgetting a couple things. The key indicator to watch is volume.
There is only one bottom, no such thing as a triple bottom. If it would have had a volume of 25% of OS, i would say it was a bottom. HAS NOT HAPPENED YET !
If I understand you correctly, You are NOW saying we have a good chance of less than one cent? With all the bad news out and the dillution in process, do you actually think the share price could stay above 1/2 cent per share?
Have faith in ICPA and if it gets below .0025, I would definitely BUY but only if we get some good news and Mr. Steve starts working a bit harder and quit going to all the parties !
Not so sure on shorting slowed down.
Sub penny with no reverse split?
Is it possible? Maybe a nassive share buy back with all the revenue.
Go ICPA, Go
down
wear a hard hat may be a dead cat falling
You mean to tell me that Bow Wow and Big Tigga are in this?
ICPA, goes to da moon !
If you are concerned about the share price? dont invest?
I am going to wait until this reaches $25 per share, then I will buy !
Level 3 says .00012
In perspective of another company
Ford has 3.8 billion shares with 1.70 earnings per share and a market cap of 40 billion.
ICPA has Unknown shares with NO earnings per share and an UNKNOWN market cap.
pssssttt ! The mouth is the OTHER end !
Yep ! It is called REVERSE SPLIT
I hope for all here it turns around soon!
But for me, I will wait for sub penny land ! GO ICPA
Should go like this:
ICPA assets?.......none
ASSET TEST FAIL
7 million shares td today. Thats about $140k worth. A few big traders got out today? Thats big?
Why is the PPS only .019?
Is it ever going to increase?
Its a shame that a multi million dollar company is trading for 2 cents a share. It must be that too many shares authorized. Looks like a R/S of 1 for 1000 would bring it up to $20 per share where it should be !
haha
ok, GO ICPA
Newtons law has to factor in here FIRST !
if it gets too low, itis washed out.
So the volume is 200,000 shares. that is about $4000
Looks like you are right ! Big money has moved back in at this price.
do the REAL math and then make that statement
My stradegy is to make money
What is the support level if I need to sell 1 million shares?
The whole idea of chart study is you have to have a plan. Print out a 30 day chart and you will see it.
( look at it for 3 minutes without blinking)
It's all in the charts !
You could have a short squeeze today, but you wont. I will wait for sub-penny to get in. Maybe today. We will see.
NOW WE ALL HAVE NEWS
are you suppose to sell?
Cuban probably would not touch this. But lets say he did LOAN some money,
CUBAN or anyone else with money to lend would only do it with a death spiral financing plan in place. THE ONLY WAY especially for a company with NO revenue!
Just remember the R/S at 1 for 1000, you son will have 300 shares.
Company with no money buys a company with no money
But the company like ICPA needs money to operate, where do they get it?
Niether one of the CEO's are that good lookin, so perhaps a debenture?
Good luck to you ! I bet you it hits 1 cent before it hits 5 cents